ESA, EIB Cooperate on Increasing Investments in European Space Sector

PARIS — 10 July 2018 (ESA PR) — Today Ambroise Fayolle, Vice President of the European Investment Bank (EIB), welcomed Jan Wörner, Director General of ESA, to sign a Joint Statement on behalf of the two organisations.

The Joint Statement puts forth the intention of the two organisations to cooperate on supporting increased investment in the European space sector, thus helping create a level playing field for European companies to grow and become globally competitive. It also supports setting the foundations for Europe’s engagement in Space 4.0 and new space.

“I am very pleased to enhance a fruitful collaboration with ESA, raising awareness for investors, while improving access to finance for promoters in the space sector,” said the EIB Vice-President Ambroise Fayolle.

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